NDIS Property Insurance Cost

There's no standard figure, and we won't invent one - SDA and NDIS-tenanted properties are priced case by case. The premium turns on the sum insured including modifications, the SDA design category, the fire protection, the tenancy structure, the vacancy exposure, the location and the claims history. Two dwellings on the same street can price very differently once those factors diverge. The way to find out what yours costs is to get it quoted on its actual details.

It isn't automatic that it does - but the sum insured is generally higher for a start, because an accessible or robust dwelling costs more to rebuild than a conventional home of the same size. Add specialised fixed equipment, a provider-as-tenant structure and vacancy exposure between participants, and there's simply more for the underwriter to account for. The premium reflects the property as it's actually built and used, which is exactly what you want a policy to do.

Generally yes, mostly through the rebuild cost. A High Physical Support dwelling with ceiling hoists, emergency power and sprinklers carries a materially higher sum insured than an Improved Liveability dwelling, and the premium scales with it. The category can also shape the underwriter's view of the occupancy and the construction. Declare the category accurately and make sure the sum insured reflects what that category actually costs to rebuild.

Fire protection is a factor underwriters can weigh, and a sprinklered, monitored dwelling presents a different fire risk to an unprotected one - but pricing is the insurer's call, made on the whole risk, and we won't promise a discount. What we will say: disclose the protection, keep the maintenance records, and make sure the systems are inside the sum insured. Good fire protection belongs in every submission.

It can move both the premium and the number of insurers willing to quote. A concentrated lease structure - such as one organisation leasing multiple units in a single building - changes how underwriters assess the risk, independently of the building itself. One real enquiry we reviewed shows the scale: a non-strata block of eight one-bedroom units, every lease naming the same care agency, had seen its existing premium increase from approximately $5,500 to approximately $7,000 a year on a $1.2 million building sum insured. Seven markets declined to offer an alternative, and the enquiry did not proceed to a Tank policy - so treat those figures as a real data point from the market, not a Tank price or a benchmark. That's why we ask about the tenancy arrangement before anything goes to market: it shapes which insurers are even in the conversation.

It can affect both terms and price, because an empty dwelling is a different risk to an occupied one. Insurers generally apply unoccupancy conditions once a property is empty past a set period, and expected vacancy patterns form part of how the risk is assessed. The practical move is to disclose realistic vacancy expectations up front, so the terms are agreed rather than argued about later. Our provider tenant and vacancy guide goes deeper on this.

Bring the details: the address, the design category, the rebuild cost including all fixed modifications and fire systems, the tenancy structure (head-lease or direct), realistic vacancy expectations and the claims history. The more accurate the submission, the more accurate the terms - and the less room for surprises at claim time. Send it through the form on this page or call us, and we'll take it to market for you.